The central bank has been allowing the currency to depreciate following the U.S. elections at a pace that it reckons will not spur excessive volatility. The Indian rupee is likely to dip to a lifetime low on Thursday in wake of the dollar and U.S. rates extending their post-U.S. election rally. The 1-month non-deliverable forward… Continue reading Another day of all-time low for rupee as dollar, US rates extend rally
Tag: Possible_Motorsport
Trump says Musk and Ramaswamy will lead government efficiency group
Elon Musk embraces Donald Trump during a campaign rally in Butler, Pennsylvania on Oct. 5, 2024. Anna Moneymaker | Getty Images President-elect Donald Trump said Tuesday that Elon Musk and former Republican presidential hopeful Vivek Ramaswamy will lead an efficiency group when his second term begins in January. Trump wrote in a post that the… Continue reading Trump says Musk and Ramaswamy will lead government efficiency group
German FAZ: Why the VW employees in Baunatal are frustrated008149
Carsten Büchling is combative. “There will be no mass layoffs with us and no factory closures,” says the works council chairman of the VW plant in Baunatal. He also sharply criticizes the demands of the company’s board of directors for a pay cut of ten percent: “We will not allow any intervention in the wallets… Continue reading German FAZ: Why the VW employees in Baunatal are frustrated008149
German Manager Magazine: Doge Department: Musk and Ramaswamy want to save $2 trillion by 2026003736
Tech billionaire Elon Musk (53) is the biggest beneficiary of Donald Trump’s (78) election victory, but is given a helper for political work. Together with the former Republican presidential candidate and millionaire Vivek Ramaswamy (39), Musk is to take over the leadership of an advisory committee that is intended to improve the efficiency of government… Continue reading German Manager Magazine: Doge Department: Musk and Ramaswamy want to save $2 trillion by 2026003736
German Manager Magazine: Audi possibly facing a big Formula 1 deal with Qatar003737
Audi is for his appearance in the formula 1 apparently in conversation with a powerful financier. As various media reports, Qatar’s sovereign wealth fund would like to participate in the team. According to the “Bild” newspaper, a commitment of up to one billion euros is conceivable. But Audi would hardly give up the majority, writes… Continue reading German Manager Magazine: Audi possibly facing a big Formula 1 deal with Qatar003737
America Cringes as Trump Puts Elon Musk in Charge of “DOGE” Department
President-elect Donald Trump has announced that the “Great Elon Musk,” who has zero experience running anything in the government, and “anti-woke” Big Pharma shill Vivek Ramaswamy, will lead a new “Department of Government Efficiency” or DOGE. It doesn’t take much to realize that the entire debacle is meant to poke fun at government bureaucracy. The… Continue reading America Cringes as Trump Puts Elon Musk in Charge of “DOGE” Department
Bybit WSOT 2024 Shatters Records with $100 Billion in Trading Volume, Redefining Crypto Trading Competition
DUBAI, UAE, Nov. 13, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, proudly announces the successful conclusion of its World Series of Trading (WSOT) 2024, a landmark event that not only shattered previous records but also redefined industry standards. Attracting more than 77,000 traders from over 160 countries, WSOT 2024 generated… Continue reading Bybit WSOT 2024 Shatters Records with $100 Billion in Trading Volume, Redefining Crypto Trading Competition
Mild relief for rupee on slight recovery in Asia before US inflation data
The Reserve Bank of India “will continue to play a big role” in “making sure of an orderly pace” of decline for the rupee, he said. The Indian rupee is likely to inch up at the open on Wednesday on the back of a mild uptick in its Asian peers before U.S. inflation data that… Continue reading Mild relief for rupee on slight recovery in Asia before US inflation data
Donald Trump Taps Elon Musk, Vivek Ramaswamy to Lead Nonexistent Department of Government Efficiency
President-elect Donald Trump announced tonight that he would be appointing billionaire Elon Musk and former Republican presidential candidate Vivek Ramaswamy to head a new Department of Government Efficiency (DOGE) upon taking office in 2025. The acronym DOGE appears to be a reference to the digital currency dogecoin, of which Musk is a fan. “These two… Continue reading Donald Trump Taps Elon Musk, Vivek Ramaswamy to Lead Nonexistent Department of Government Efficiency
Elon Musk Is Already Doing Exactly What He Said He Would
Less than a week after the election results were called for former president Donald Trump, his centibillionaire backer Elon Musk is already doing what he promised: taking an active role in shaping the government under a second Trump administration. During the campaign, Musk emerged as one of Trump’s biggest backers and his most zealous advocate… Continue reading Elon Musk Is Already Doing Exactly What He Said He Would